A number of experts and economists unanimously agreed that suitable The 95th National Day , this year comes in a cheerful atmosphere that expresses pride in the unprecedented achievements achieved on the ground. In all vital sectors in the Kingdom, while continuing to implement major projects, and speeding the steps towards achieving achievement after another during the stage "Harvest" In the march of the ambitious Kingdom’s 2030 vision." target ="_Blank"> Economic transformations main, represented in: diversification of sources of income, increased foreign investment, infrastructure development, empowerment of the private sector, environmental sustainability, and digital transformation, which reflects the leadership’s commitment to achieving sustainable development, its ability to confront global changes, overcome all challenges with will and determination, and achieve more achievements.
strength of power Investment < /h2> Professor Dr. Yahya Hamza, the economic expert, indicates that today
turned into a celebration of the Kingdom’s attractiveness as a global investment destination, it showed an exceptional ability to attract foreign direct investment, and the average foreign foreign investment flows reached 122 billion Saudi riyals during the period from 2021-2023, which represents 82% of the total foreign investment flows flows Directly achieved during a full decade from 2010 to 2020.
Public Investment Fund which formed a fundamental turning point in the national economy, and he says: "The fund’s assets exceeded $ 3.53 trillion in 2024, which made the Kingdom one of the largest investment forces in the world, and the Kingdom has succeeded in attracting $ 77.6 billion in foreign direct investments during the same year, which reflects global confidence in the Saudi economy". , Until the Kingdom’s position
on the global financial map that greatly strengthened, citing this by credit rating, and says: "Saudi Arabia obtained stable and positive reviews from the most prominent classification agencies such as Moodyz, Fich and Standard & Poor’s, which reflects the world’s confidence in the stability of the Kingdom’s economy, while the Saudi Ministry of Finance expected the real GDP growth by 4.6%, the expectations of the International Monetary Fund came greater and reached 5.4%, which reflects the confidence of international institutions in the strength of the Saudi economy, as the Organization for Economic Cooperation and Development pointed to expected growth of 3.5%,, And the World Bank to the growth rate to 3.4%. "This confidence did not come from a vacuum, but rather as a result of extensive structural reforms that included financial governance, digital transformation, and increased studied capitalist spending, as the Kingdom has jumped 20 ranks in the Global Competitiveness Index since 2016, to be in a pioneering position between emerging economies". "Saudi Arabia has made great achievements in the field of women’s empowerment economically, as the percentage of women’s participation in the work market has increased significantly, but the challenges facing the economic sector require cooperation between the public and private sector, as the government must continue to provide the appropriate environment for investment, and that the private sector support this effort through innovation and leadership". Hani Muhammad Al -Jafri leave the sector
With the quality of infrastructure, the ease of customs procedures, the speed of shipments, and the reduction of cost, which enhances the logistical competitiveness of the Kingdom. "The Saudi citizen has achieved great gains, as the percentage of Saudi families to homes increased to 65.4%in 2024, overcoming the target, as the average life expected increased to 78.8 years, and the Kingdom advanced 25 ranks in the e -government index, and these results reflect the comprehensiveness of the 2030 vision that was not limited to strengthening the economy, but focused on people and society, where the number of Saudi volunteers exceeded 1.2 million volunteers, which is an achievement achieved a year ago 2030, and reflects the spirit of growing national participation"
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